📰 Nvidia (NVDA) Gains Steadily in Premarket Following Modest Recent Rally

📅 Jul 18, 2025, 06:46 EDT | 🔗 Source: MT Newswires

🧠 Summary

Nvidia (NVDA) showed modest gains pre-market following a recent 1% rise, reflecting steady positive sentiment amid broader market increases in tech and high-profile stocks on Wallstreetbets.

💡 Why this signal?

  • Nvidia’s RSI reading above 80 indicates the stock may be overbought, cautioning investors against possible short-term retracement.
  • The U.S. resuming AI chip sales to China supports revenue recovery, sustaining positive momentum but not eliminating pullback risks.
  • Strong growth in AI demand underpins Nvidia’s high valuation, yet historical patterns require vigilance for potential corrections.

📈 NVDA Price Trend

⏱️ Impact Timing
as soon as the news is out
👥 Competitor Impact
  • ➡️ AMD: sell
  • ➡️ INTC: sell
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